Since Bitcoin (BTC) resumed its ascent above $25,000, expert predictions have been pouring in and optimism is in order. The latest forecast announces that the queen of cryptocurrencies could reach a market capitalization of 10 trillion dollars. Even macro guru Dan Tapiero is convinced it just might come true.
Dan Tapiero Predicts Bitcoin Market Cap to Hit $10 Trillion!
Bitcoin continues to impress analysts, who predict a glorious future for the queen of cryptocurrencies. Its recent rise above $25,000 has been met with excitement, with many analysts predicting a continued rise in price. Some see Bitcoin reaching $100,000.
Fund manager Dan Tapiero agrees too! In an interview with Anthony Pompliano, Mr. Tapiero said predicted that Bitcoin would reach a market capitalization of 10 trillion. He believes the cryptocurrency could breach its current $600 billion line to reach a 14-figure score.
“ Somewhere between $5 trillion and $8 trillion. Do I think it could be up to $10 trillion? Of course, absolutely. It can absolutely go up to $10 trillion. »
According to Dan Tapiero, the total value of all crypto assets is expected to increase by more than 600% from current levels. For him, the crypto industry goes far beyond money, value storage, programmable contracts, decentralized finance (DeFi), non-fungible tokens (NFT) and stablecoins. She now understands everything.
And when it comes to bitcoin price, Tapiero thinks its price can reach a remarkable high ranging from $300,000 all the way up to $500,000.
” I’ve been saying the same thing for a while, and I think $300,000 to $500,000 is a good solid place, you know, given the value of other assets in the world. he declares.
At the time of writing, the combined market capitalization of crypto assets is around $1.34 billion. It is uncertain whether Tapiero’s prediction will come true. Nevertheless, bitcoin continues to prove its potential while traditional banks find themselves in difficulty… To the moon!
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